Compliance Business Partner

at  WTW

THE REQUIREMENTS

• Strong regulatory and corporate governance knowledge/understanding required.
• Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to promote an effective and business focused compliance culture.
• Ability to work, both individually and as a team, under pressure to tight timelines and without direct supervision.
• Commercial awareness – a commercial and pragmatic approach to managing compliance risks.
• Commitment to continuous professional development and maintaining excellent understanding of regulatory developments.
• Must be committed to maintaining a robust compliance culture and high ethical standards.
• Always demonstrates high integrity.
• Proactive and a self-starter.
• Organised and methodical.
• Excellent analytical problem-solving skills.
• Strong communication skills, both orally and in writing.

• Develop, implement, embed and maintain an efficient and independent Compliance Function.
• Assess whether policies and procedures, systems and controls fully address regulatory or compliance strategic requirements applicable to the Relevant Business. Develop, implement, embed and maintain an efficient Compliance framework of policies and procedures, systems and controls.
• Identify compliance training needs, develop and deliver compliance training within the Relevant Business.
• Partnering with business management to define the Compliance strategy for the Relevant Business.
• Partnering with the business to review and challenge the design and structuring of specific transactions, new products, services, operational procedures, operational change and initiatives
• Investigate suspected, alleged or actual breaches of regulatory requirements or WTW Compliance policies and procedures within the Relevant Business and ensure resolution. Develop corrective action plans and track implementation status for revisions of other compliance-related controls.
• Support the Excellence function in the performance of selected Excellence Reviews, focussing on compliance with regulatory requirements and Compliance policies/procedures.
• Act as a professional, trusted and transparent Business Partner to the Relevant Business and other stakeholders.
• Ensure quality and proactive engagement with the Relevant Business at all levels, by e.g. attending relevant meetings, and supporting the business in meeting its regulatory obligations. Partner with management in the Relevant Business and foster a collaborative approach to embedding ‘compliance culture’ throughout the business and to support the Three Lines of Defence model.
• As a representative of the Second Line of Defence, monitor and facilitate the implementation of effective regulatory risk management practices by operational management in the Relevant Business and assist the risk owners in reporting adequate risk related information up and down the organization.